professional development courses


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P2P: Purchase to Pay Process Automation and Transformation

Implementing an advanced P2P process in an international and global organisation is a complex and complicated task. However, todays demands for transparency, control, compliance and cost effectiveness makes the constant strive towards automation and transformation a must for any global business that is competing on a global arena. There are still obstacles on the way including internal buy-in, multiple legacy systems, resistance to change, poor master data management, supplier behaviour, and more. This course will serve as a platform for benchmarking best practices and successful approaches to achieving the desired levels of automation, outsourcing, control, efficiency, working capital management and supplier relationships. We will hear innovative practices on E2E P2P as well as look into specific elements of e-Procurement systems , P-Card, self-service supplier portal, e-Catalogue, T&E management, e-invoicing and well balanced DPO management. New topics discussed will include creating a strong Purchasing Master Data Management fundament, delivering additional value through dynamic discounting, discussing the best strategic P2P function models and experiences with business process outsourcing. Attend this marcus evans P2P Training Course to get a hands on approach understanding of latest trends and best practices from peer led practical case study sessions

Turning 'Theory' into 'Practice'?

We have created a programme that will deepen your skills and provide you with, tools and the methodologies essential to the successful implementation and running of the P2P function. We will focus on the P2P performance value chain and emphasis on first-time-right mentality. The course is driven by practical experience and your needs, giving you the opportunity to immediately apply your new understandings and skills to your own projects.

Who should attend?

This course is designed for P2P, Accounts Payable, Purchasing, E-Invoicing, Sourcing, Procurement Organisation professionals part of or responsible for organisation and process setup of an advanced end-to-end Purchase to Pay stream.

Key areas to be covered in the programme and documentation

Establishing an Integrated Purchase-to-Pay Process in a Global Corporation
• Explaining the enterprise efficiency gains in the P2P process
• How does P2P process engineering meet the business needs?
• Streamlining P2P: Identifying roadblocks, areas for improvement and opportunities to innovate
• Creating a spend cube for strategic decision making
• Assessing bottom line benefits: Optimisation of processes, savings and cash flow improvements
• The policies framework driving business process creation

P2P Governance: Ensure Your Journey to become a Sustainable Success
• Highlighting the importance of governance in P2P
• Identifying key success factors for implementing and effective change management
• Do we need different models in a centralised and decentralised environment?
• How to control without increasing the bureaucracy?

E-Catalogue Management
• Implementing e-catalogue in order to achieve cost savings and operating efficiency
• Pros and cons of different e-catalogue types
• What catalogues make sense from economic perspective
• E-Catalogue management: A dedicated approach
• Importance of supplier networks

Days Payable Outstanding Improvement
• Benchmarking DPO improvement tips – latest practices
• Continuous and balanced strategy and process improvement

Supplier Financing Programmes
• Hearing SCF best practice techniques: What has worked well and what has not
• Combining reverse factoring with dynamic discounting
• Evaluating effectively of various forms of SCF

Successful Global On-boarding of Suppliers
• Challenges of global on-boarding of suppliers and business units tackled with Business Network
• Dealing with contradictions: Visibility vs. Confidentiality – Ease of use vs. Data Security

Business Process Outsourcing Experiences
• The most effective P2P organisation structure
• Outsourcing vs. DIY diagnostics
• Pros and cons depending on the business model
• Blended models
• Discussing practical details and experiences

P-Card / T&E Card Project
• Evaluating the need for a P-card /T&E card programme
• Processes and policies
• Analytics and efficiency

Benefits to you

• Learn about the critical success factors for P2P initiatives
• Avoid pitfalls when starting a P2P initiative or improving an existing one
• Construct a solid (financial) business case taking process improvements, technology and implementation into account
• Build a successful eProcurement and eCatalogue system
• Implement an effective P-card / T&E-card programme
• On-board suppliers for your e-invoicing programme and benefit from Supplier networks
• Organise Master Data and retrieve value from it
• Business Process Outsourcing reducing process cost and improve process quality
• Get results from Supplier Financing Programme

Companies already benefiting include:

Duration of Course

2 Day Course

Course details

This course is currently only available as an in-house option. For more information, and a quote, contact our team on +44 (0)20 3002 3057, or by email at ProfessionalTraining@iihc.org

Looking to train larger teams in this subject?

dzingim@marcusevansuk.comTailored in-house/in-company training courses and bespoke strategy workshops designed and delivered on-site throughout Europe according to your specific requirements.

All management, personal development and project management public courses featured in our Course Directory are also delivered on an In-Company basis.

Click Here for information on how this course can be delivered for you as an In-Company Training Solution

 


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Further information

UK Enquiries: +44 (0) 203 002 3057
or dzingim@marcusevansuk.com

Non-UK Enquiries: +420 (0)2 5570 7246
or training@marcusevanscz.com

North American Enquiries: +1 312 540 3000 X6714 or emilyj@marcusevansch.com

dzingim@marcusevansuk.com - Marketing Manager EMEA - Professional Training


UK Enquiries: +44 (0)20 7647 2383 : salesenquiries@marcusevansuk.com
European Enquiries: +420 (0)2 5570 7246 : training@marcusevanscz.com

Testimonials

"This course will allow my company to develop its existing strategies to a much greater and hopefully profitable level."

Managing Director, Tarmac